University libraries hard-hit by depreciating rand | Education | M&G

University libraries hard-hit by depreciating rand | Education | M&G

Subscriptions to international journals run into the millions and the plummeting rand is “crippling” libraries and holding academics back.

Photo: Madelene Cronje( M&G)
Photo: Madelene Cronje( M&G)

University libraries are being “crippled” as budgets struggle to keep pace with the plummeting rand.  For South African academics to compete with their international counterparts, they need access to the latest journal articles. Academic output and research and development have been linked to economic growth and job creation, and library resources are pivotal to this knowledge generation.

However, university subscriptions to international journals – which are paid for in dollars, euros and British pounds – run into millions of rands, and that figure is inflating as the rand weakens.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.

Up ↑